🔻An unprecedented crisis for Saudi Arabia
🔻The Houthis of Yemen, who were a threat to shipping in the Bab al-Mandab, have now become an increasingly greater threat to Saudi Arabia. Their air and ground attacks on Saudi Arabia continue, while the Saudi-led coalition has put the Houthis’ positions under heavy pressure with intense bombardments.
But the cancellation of flights around the time of two major conferences—the Saudi Arabia Grand Investment Forum and the large international oil summit, where prominent figures from the oil and banking industries will not attend due to security concerns—has placed the Saudi government in an unprecedented situation.
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